NIFTY TODAY : EPISODE 59

Nifty ( Closing ) : 5222.40 NIFTY TREND FOR 07/03/2012 Major Resistance Levels : 5346-5458-5522. Major Support Levels : 5146-5082-4970. Short / Middle Term Target : 4950-5010. Nifty lost 58 points and closed at 5222.40. The various possibilities of state election results and their consequences have been discussed in previous episodes. Market is still bearish . Please avoid long term positions ( buying ). GOOD LUCK.....